They wrote in the NYT today that the bill contains a bailout for the student loan lenders.
These are the guys that have caused college tuition to go to the moon, and now is leaving a large swath of debt slave "graduates" who are going to go out in the world and use the best years of their lives trying to pay a bank back (if they can find a job).
Some of this student loan business makes the housing pyramid look tame. The democrats though have a strict policy of no banker left behind.
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THE American Congress Thread pt 2 (merged)
Re: House (D) pass $819 Billion bill - Not one (R) voted for
by seldom_seen » Thu 29 Jan 2009, 01:00:07
But how the world turns. One day, cock of the walk. Next, a feather duster.
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Re: House (D) pass $819 Billion bill - Not one (R) voted for
by oxj » Thu 29 Jan 2009, 01:56:18
I just lost my position in a medical residency. I have a $200k student loan and no way to pay it back.
And actually I live in a part of the country where I can't really find a job now, even though I've tried. So I'm going to:
1. Move much of my * into storage (it's cheap here), discard the rest
2. Save my "severance" or whatever you want to call it
3. Let the bank foreclose my "doomstead" ($155k mortgage loan)
4. Buy a used motor home
5. Move down south and live with relatives in their backyard
I have no other ideas at this time, my career is ended.
Frankly, I could give a creamy turd if the student loan companies get paid back or not. Medical school costs *so* much, the bar is *so* high to get in and passing is *so* difficult, that if you get through the job should be guaranteed, and that's nearly the case. It's a fricking guild, the only real one in this country. But beware, it's not always true because there is residency, where they find out if you're just tattooed white trash or not, and then *you* get stuck holding the bag. Well, I'm stuck with this bag and even if I had a great technogeek job it'd still be not enough to pay this off. So there's no other solution.
And actually I live in a part of the country where I can't really find a job now, even though I've tried. So I'm going to:
1. Move much of my * into storage (it's cheap here), discard the rest
2. Save my "severance" or whatever you want to call it
3. Let the bank foreclose my "doomstead" ($155k mortgage loan)
4. Buy a used motor home
5. Move down south and live with relatives in their backyard
I have no other ideas at this time, my career is ended.
Frankly, I could give a creamy turd if the student loan companies get paid back or not. Medical school costs *so* much, the bar is *so* high to get in and passing is *so* difficult, that if you get through the job should be guaranteed, and that's nearly the case. It's a fricking guild, the only real one in this country. But beware, it's not always true because there is residency, where they find out if you're just tattooed white trash or not, and then *you* get stuck holding the bag. Well, I'm stuck with this bag and even if I had a great technogeek job it'd still be not enough to pay this off. So there's no other solution.
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Re: House (D) pass $819 Billion bill - Not one (R) voted for
by oswald622 » Thu 29 Jan 2009, 02:19:16
it makes me wonder...if bush had backed the exact same bill, how many republicans would have followed along?
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Re: House (D) pass $819 Billion bill - Not one (R) voted for
by outcast » Thu 29 Jan 2009, 02:24:31
$this->bbcode_second_pass_quote('', 'T')hese are the guys that have caused college tuition to go to the moon,
And the black hole budgets in universities had nothing to do with it?
$this->bbcode_second_pass_quote('', 'I') just lost my position in a medical residency.
Ouch, how did that happen?
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Re: House (D) pass $819 Billion bill - Not one (R) voted for
by seldom_seen » Thu 29 Jan 2009, 02:24:52
$this->bbcode_second_pass_quote('oswald622', 'i')t makes me wonder...if bush had backed the exact same bill, how many republicans would have followed along?
Probably all of them. We're watching a great theatrical production where the performers wave their D or R flags up in the air to feign opposition.
When the curtain is drawn and the stage is dimmed for the evening, they all seem to be on the take from the same cast of characters.
But how the world turns. One day, cock of the walk. Next, a feather duster.
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Re: House (D) pass $819 Billion bill - Not one (R) voted for
by Quinny » Thu 29 Jan 2009, 02:47:06
Their is no alternative in the position they are in. I doubt it will work, but without the 'bailout' part ie the 98% trash the whole system collapses. There will be no industry to carry out the 'green bits'. IMO and the opinion of many on this site, this will probably happen anyway, but the majority concensus out there want to keep jobs homes etc and some semblance of 'normal' society.
If the new POTUS were to suddenly say no 'rescue' money the system would collapse pretty damn quick.
It's cheap and dishonest for Republicans to sit on their hands at this stage, as Ludi said what would they do. They've had the presidency for the last 8 years, what 'green' alternative strategies have they put forward SFA. Their only alternative strategy was bomb Iraq whilst turning a blind eye to their fiends on Wall Street. look how much that's cost - your country and maybe even TWAWKI!
If the new POTUS were to suddenly say no 'rescue' money the system would collapse pretty damn quick.
It's cheap and dishonest for Republicans to sit on their hands at this stage, as Ludi said what would they do. They've had the presidency for the last 8 years, what 'green' alternative strategies have they put forward SFA. Their only alternative strategy was bomb Iraq whilst turning a blind eye to their fiends on Wall Street. look how much that's cost - your country and maybe even TWAWKI!
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Re: House (D) pass $819 Billion bill - Not one (R) voted for
by Plantagenet » Thu 29 Jan 2009, 03:10:27
$this->bbcode_second_pass_quote('Quinny', ' ')'green' alternative strategies ...
The one trillion dollars that Obama is going to borrow from China isn't going to go for "green" alternative strategies....read the bill before you post such silliness....there are a few good things, but most of the trillion will go for condom subsidies, re-sodding the capital mall, building dog runs, funding a mob museum, funding ACORN, repaving roads, spending more on welfare, and shovelling money into almost every federal agency you can think of. Its mostly pork and crap.
There will be NO major infrastructure project completed with the trillion dollars. Its all little crap. No high speed rail. No power grid. No nothing.
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Similarly, what if, as a vegetarian, you instruct your grocer to deliver $100 worth of specific vegetables which you carefully itemize, but the grocer returns with $98 in pork, and only $2 in vegetables, would you be satisfied with the outcome? Would you tip the grocer?
What would a conservative do differently then the house passed bill?
